He is an expert in Compliance and Security Policies for consumer protection in this sector. Filippo’s goal with InvestinGoal is to bring clarity to the world of providers and financial product offerings. This trading platform has been renowned for many years as one of the most powerful trading platforms of choice for all traders in the industry. The most common choice for many is the LimeFx Standard account, through this trading account you will have access to a selection of 39 forex currency pairs. This includes CFD markets on major indices, commodities, metals, and bonds too.

Technical issue resolved satisfactorily

• Founded in 1999, LimeFx has grown to become one of the leading providers of online trading services in the industry.
• E-wallets and credit card transactions may take up to 24 hours, while wire transfers can take 3-to-5 working days.
• Liquidity providers are often banks and large financial institutions.
• LimeFx offers hundreds of trading instruments on its platforms, covering various asset classes.

While LimeFx is a regulated broker with plenty of products and a global presence, other brokers also offer hundreds of CFDs in different markets. Other popular CFD brokers that traders may consider include AvaTrade, Plus500, and Markets.com. The retail account is standard, to which this review is primarily suited.

Ripp off Spread

It gives the latest news and happenings in the economic activities of different nations. This can be a great way to get inspired about possible trade opportunities and to assist with making informed decisions. This easy-to-use charting package is designed for both technical and algorithmic traders. MotiveWave specializes in Elliot Wave, Fibonacci, Gann and Ratio analysis and also allows for systematic trading using Java. These accounts are kept with top rated banks in Europe, Australia and other LimeFx country of operations.

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When it comes to platforms, LimeFx is definitely well served when compared to any other competitor out there. Withdrawals are normally processed using the same mechanism as deposits, with processing timeframes varied according to the method. Yes, they provide CFDs for Bitcoin and other major cryptocurrencies. Withdrawals at LimeFx are executed quickly, usually within one to two business days, depending on the withdrawal type and the account’s verification status.

LimeFx can be compensated in several ways, which includes but are not limited to adding a mark-up to the spreads it receives from its liquidity providers, adding a mark-up to rollover, etc. Commission-based pricing is applicable to Active Trader account types. LimeFx standard spreads generally fall in the midrange when compared with other brokers with the most competitive limefx website spreads on offer appearing to be for AUDUSD and AUDJPY currency pairs. To be able to take advantage of these discounted commissions, you will need a minimum of $25,0000 in equity in your trading account, so will not be a serious consideration for most retail traders. Opening a live forex trading account with LimeFx is a quick and straightforward process.

Your satisfaction is our top priority, and we are committed to improving your experience.To address your concerns more effectively, we would like to contact you directly. Please reach out to us to let us know a convenient time for you to receive a call from you account manager. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. In this case, without commission and tight spread, you can trade regular stocks.

Jeff Anberg is a Staff Editor at BrokerNotes.co and ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency.

This is charged by LimeFx at the closing hour of the market and since they are a CFDs broker, this fee is applied to every asset. The exception here being if you are trading through an LimeFx Islamic account. This spread will drop even more to a starting point of 0.2 pips for EUR/USD if you qualify for the active trader program. Overall, if you are into spread betting then LimeFx could be a good value starting point with a low spread and accessible minimum deposit. This spread as standard is pretty high but a good range of pairs are offered along with the unique forex baskets where you will also find a USD, and emerging markets basket alongside the Yen basket.

I want to caution beginner traders against using a demo account as a full educational tool. It can create unrealistic trading expectations, and the absence of trading psychology negates the educational value. Although it can be helpful, new traders should complete their education with https://limefx.biz/ a real money account before becoming overly confident. LimeFx provides advanced real-time charts for a variety of trading instruments. TradingView, a well-known financial research organisation that offers charting and analytical services, provide this professional charting package.

LimeFx employs Secured Socket Layer (SSL) encryption on all of its websites and platforms. SSL encryption safeguards data transfer between clients’ computers and LimeFx’s servers, keeping hackers out of the picture. This is critical because identity thieves and online fraudsters may attempt to steal sensitive user information such as credit card numbers, verification papers, and user accounts. These accounts are held in top-tier banks in Europe, Australia, and other LimeFx countries of operation. In Australia, for example, customer money is kept by Citibank, Australia, a well-established multinational bank. The ‘Financial Services Compensation Scheme’ insurance provides additional protection for European clients’ funds (FSCS).

We believe that the title “Research” is a bit of an overstretch as it’s simply a proprietary newsfeed with LimeFx’s articles along with an economic calendar. The next important thing is that users can store their favourite symbols right at the home’s watchlist. Sadly, it is a single watchlist and there is no possibility to create different ones and the limit for the watchlist is 20 different assets. At the home area the first thing you’ll notice is that your account financials are clearly presented at the top of the screen.

The online broker even provides wholesale trade execution and liquidity solutions for retail forex brokers, smaller hedge funds and emerging markets banks through its LimeFx Pro service. 59% of retail investor accounts lose money when trading CFDs with this provider. As you would expect, LimeFx’s Active Trader account is ideal for active traders as it offers very competitive spreads when compared to the individual standard trading account.